MSTI Policy Wording
Across
- 2. The waiting period before certain benefits kick in
- 5. The official policy document
- 9. The “small print” section with what’s not covered
- 10. What the insurer does when you claim
- 12. You must have this to claim (e.g. financial loss)
- 13. Latin for “let the buyer beware” – still relevant in insurance
- 14. Money you pay for cover
- 16. “All risks” cover is also called ___ cover
Down
- 1. When both parties agree to cancel the policy early
- 3. The person who takes out the policy
- 4. What you get back if you never claimed
- 5. The cause of the loss
- 6. The insurance company
- 7. Happens when you don’t disclose something important
- 8. Risk that is specifically listed and accepted
- 11. General “
- 15. Maximum the insurer will pay
- 17. Opposite of 7 Across